Copper price moves within tight range – Analysis – 22-7-2021
Economies.com
2021-07-22 08:13AM UTC
Copper price failed to decline below the moving average 55, to postpone th correctional bearish attack and move within tight track between 4.4100 resistance and 4.2000 support.
Despite the consolidation within the bullish channel, we recommend monitoring the price behavior and wait to surpass one of the mentioned levels to manage to detect the next expected targets.
The expected trading range for today is between 4.4000 and 4.2000
The expected trend for today: Sideways
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